47
47
Nov 24, 2012
11/12
by
FBC
tv
eye 47
favorite 0
quote 0
some say i want to make more taxes and do not raise taxes. [talking over each other] >> walgreen's is saying we want to make investments to create jobs. what you guys in washington d.c. are going to do, what is coming down the road from you and we had this debate about john boehner basically saying we got to put obamacare -- [talking over each other] liz: putting obamacare into the fiscal cliff negotiations so for two large drugstore chains to say you got to get going. gerri: interesting to see if he derail everything. liz: they have a seat at the table. is not political. it seems to me when you read what they say it is not like they are saying we want a voice in what is going on. there saying our customers are concerned. of course it is a revenue problem. shoppers and consumers are not coming in because they're worried about the fiscal cliff. gerri: all singing the with one voice. interesting to see if anybody hears that. thanks for coming on. appreciate it. guess what else has joined the fiscal liftoff? the federal gas tax, special interest
some say i want to make more taxes and do not raise taxes. [talking over each other] >> walgreen's is saying we want to make investments to create jobs. what you guys in washington d.c. are going to do, what is coming down the road from you and we had this debate about john boehner basically saying we got to put obamacare -- [talking over each other] liz: putting obamacare into the fiscal cliff negotiations so for two large drugstore chains to say you got to get going. gerri: interesting...
209
209
Nov 29, 2012
11/12
by
CNBC
tv
eye 209
favorite 0
quote 1
anything above $2,500 will be taxed and the rest will be taxed. they are going to be playing $10,000, $12,000 more per year taxable rate to get their kids per school. >> and they're always talking about how the republicans want to destroy the study for autism. but here it is black and white in the obama. we appreciate it. it's great to see you. >> thanks for having me. >> now to the lottery frenzy. there's already a winner in this game. the government. not good. we're going to explain when "the kudlow report" comes right back. >>> if everything on the fiscal side caves, what incentive is there for tax reform in 20 13? >> ups believes congress does need to move very quickly to get this done. >> there are going to be many moments when it seems like there's a deal and then there are people who fight the deal, which is why we have been featuring the notion of rising above. >> all sides could lose if an agreement isn't arrived upon. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all
anything above $2,500 will be taxed and the rest will be taxed. they are going to be playing $10,000, $12,000 more per year taxable rate to get their kids per school. >> and they're always talking about how the republicans want to destroy the study for autism. but here it is black and white in the obama. we appreciate it. it's great to see you. >> thanks for having me. >> now to the lottery frenzy. there's already a winner in this game. the government. not good. we're going to...
162
162
Nov 21, 2012
11/12
by
CNBC
tv
eye 162
favorite 0
quote 0
no change in tax rates. so it is not a flat tax reform but no increase in marginal tax rates. can you and your pledge, with the pledge be okay with the bay nor plan to increase revenues by capping deductions? he has not endorsed raising taxes nor did he a year ago. if you eliminate deductions now, you have destroyed the opportunity for tarx reform a year ago. they are not available to reduce tax rates. >> so you are opposed to it. it is bad for the economy and it destroyed our effort to get tax reform down the road. >> i have talked to staff and remembers and they don't need to hear it from me, they know that lower marginal tax rates are necessary for growth and the only way to get the revenue to pay down obama's debt. >> help me out, in effect, is the plan to put a cap on deductions, does his plan break the americans for tax reform no-tax pledge? >> to be clear. john boehner has not said that. he says he is for revenues from growth. i'm for that. that is a tax increase that is what obama wants and it does affect the margin because they are going to attack certain income group
no change in tax rates. so it is not a flat tax reform but no increase in marginal tax rates. can you and your pledge, with the pledge be okay with the bay nor plan to increase revenues by capping deductions? he has not endorsed raising taxes nor did he a year ago. if you eliminate deductions now, you have destroyed the opportunity for tarx reform a year ago. they are not available to reduce tax rates. >> so you are opposed to it. it is bad for the economy and it destroyed our effort to...
61
61
Nov 24, 2012
11/12
by
FBC
tv
eye 61
favorite 0
quote 0
there's other tax in the fiscal cliff and possible gas tax is not the only tax to hit the bottom line. deal or no deal, hold on to yo wallet. here with more, the senior tax policy analyst for the heritage foundation. always nice to have you on the show. let's talk about the bottom line for so many people out there, willit so many folks, % of households, almost impossible to escape and create that. >> everyone's taxes will go up on january 1st. important to point out we're talking about today which is raising taxes. that is off point. the fiscal cliff is here because we're spending tooomuch. we are the precedents of the debt crisis because we're spending too much. how we can raise tes and talk about raising the gas tax, nothing to do with cutting spending which is where we should be directing our attention. gerri: it is interesting because if you look at the reven raised by taxes and money into the federal government front door over the last few years it is returning to levels that are pre recession so we're back on track for what should be ample revenues. >> if you go back to 2007 bef
there's other tax in the fiscal cliff and possible gas tax is not the only tax to hit the bottom line. deal or no deal, hold on to yo wallet. here with more, the senior tax policy analyst for the heritage foundation. always nice to have you on the show. let's talk about the bottom line for so many people out there, willit so many folks, % of households, almost impossible to escape and create that. >> everyone's taxes will go up on january 1st. important to point out we're talking about...
161
161
Nov 27, 2012
11/12
by
MSNBCW
tv
eye 161
favorite 0
quote 0
once all the taxes go up, everybody is in a position to vote for a tax cut. so the nature of this may be such that republicans feel compelled to wait until after taxes have risen so that they can actually vote for a tax cut, which will be some sort of compromise. i don't think we should dismiss grover norquist and the power of this pledge and the threat to run primary campaigns against people so quickly. >> what you're talking about there, though, it sounds like getting out of the pledge on a technicality. if they wait for the rates to expire on their oath, then they don't have to vote for a rate increase. that really honoring the spirit of this commitment? >> i don't think it is. if that's what it takes to get people to reality, we've been waiting for many years for republican legislators to kind of recognize reality, and people thought, okay, the 2008 election. that will really sort of wake them up and think we have to compromise on issues of taxation. no it didn't. people thought maybe 2012 will do the trick. we see them edge from this. i think their minds
once all the taxes go up, everybody is in a position to vote for a tax cut. so the nature of this may be such that republicans feel compelled to wait until after taxes have risen so that they can actually vote for a tax cut, which will be some sort of compromise. i don't think we should dismiss grover norquist and the power of this pledge and the threat to run primary campaigns against people so quickly. >> what you're talking about there, though, it sounds like getting out of the pledge...
111
111
Nov 29, 2012
11/12
by
MSNBCW
tv
eye 111
favorite 0
quote 0
we don't want to put both tax increases and entitlement cuts on the table. it's up to republicans and we'll come back with a counter. you can't force us to put an opening bid on entitlement cuts when we don't want any to begin with. and that's the movement. so i think even in public there's starting to be a little bit of moving and i think there is the ability for folks to get there. >> we do know pretty clearly i think that the white house thinks they have the upper hand. here is the president from his event yesterday. >> today i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean to you. >> so he's got his outreach to middle class americans. we saw him meeting with business leaders. his event is planned for tomorrow. we campaign-like and he is still using the campaign actually, more than a million people responded to that survey that obama for america put out and said they're interested in volunteering. so is par
we don't want to put both tax increases and entitlement cuts on the table. it's up to republicans and we'll come back with a counter. you can't force us to put an opening bid on entitlement cuts when we don't want any to begin with. and that's the movement. so i think even in public there's starting to be a little bit of moving and i think there is the ability for folks to get there. >> we do know pretty clearly i think that the white house thinks they have the upper hand. here is the...
141
141
Nov 28, 2012
11/12
by
MSNBCW
tv
eye 141
favorite 0
quote 0
, tax rates that were around before the bush tax cults came along. we're talking about something that will not affect working-class people except for that loss in the payroll tax they vacation. who's going to get blamed for that? chances are the democrats figure the republicans will be blamed. there's the two-step option, which is let's kick the can down the road for another year, so to speak, while negotiations continue on the long-term grand bargain. that's always in the back hip pocket of members of congress as well. so i don't know that they're feeling the same kind of sense of panic that a lot of us outside are feeling. >> i just got handed this, and let me ask you for your instant analysis on this, dana. it comes from the office of the white house press secretary. it says on thursday governor romney will have a private lunch at the white house with president obama in the private dining room, the first opportunity they've had to visit since the election. there will be no press coverage of this meeting. was this signalled? did we expect this? >>
, tax rates that were around before the bush tax cults came along. we're talking about something that will not affect working-class people except for that loss in the payroll tax they vacation. who's going to get blamed for that? chances are the democrats figure the republicans will be blamed. there's the two-step option, which is let's kick the can down the road for another year, so to speak, while negotiations continue on the long-term grand bargain. that's always in the back hip pocket of...
162
162
Nov 29, 2012
11/12
by
CURRENT
tv
eye 162
favorite 0
quote 0
own taxes. it's a sham and they ought to be rolled out of town if people understand what they were talking about. >> if people are worried about how they're going to take care of the homeless, how schools will be able to accommodate 30 kids in the class rom how people will be able to make ends meet when unemployment disappears. they can't be here. they can't afford it. they come here and write it off in their taxes $20 million a year ceos from these corporations, and continue to spread the hysteria and--and if their plan goes through the austerity plan, they and their company and their bonuses are actually the only thing that is going to improve in this economy. >> eliot: as they have over the past couple of years. income disparity is worse and worse and incomes are going up. lloyd blankfein telling people that they people should not expect to work for 25 years and then retire for 30. i don't think he understands what social security is all about. >>> the hispanic caucus said no today on a repub
own taxes. it's a sham and they ought to be rolled out of town if people understand what they were talking about. >> if people are worried about how they're going to take care of the homeless, how schools will be able to accommodate 30 kids in the class rom how people will be able to make ends meet when unemployment disappears. they can't be here. they can't afford it. they come here and write it off in their taxes $20 million a year ceos from these corporations, and continue to spread...
219
219
Nov 28, 2012
11/12
by
FBC
tv
eye 219
favorite 0
quote 0
in the meantime the president keeping up the pressure on republicans from here to extend expiring tax cuts for middle-class taxpayers, but let them expire for wealthier taxpayers. take a listen. >> the place where we already have and three complete agreement right now is on middle-class taxes. as i have said before, we have two choices. if congress does nothing, every family in america will see the taxes automatically go up the beginning of next year. >> as we have been reporting all day, the president set to meet with a bunch of ceos of major corporate leaders here that will probably start wondering about 90 minutes to get underway around 4:45 here at the white house, 14 of them showing up including the ceo of yahoo, merck, coca-cola, at&t and lloyd glenn fine of goldman sachs will be here as well. liz: in the end big multinationals, to be fascinating to hear they feel positive. i want to know the business leaders think. thank you so much. as congress and the president do their very slow discussion dance on this governors are sprinting around trying to prepare for enough ability that
in the meantime the president keeping up the pressure on republicans from here to extend expiring tax cuts for middle-class taxpayers, but let them expire for wealthier taxpayers. take a listen. >> the place where we already have and three complete agreement right now is on middle-class taxes. as i have said before, we have two choices. if congress does nothing, every family in america will see the taxes automatically go up the beginning of next year. >> as we have been reporting...
167
167
Nov 22, 2012
11/12
by
CNNW
tv
eye 167
favorite 0
quote 0
it's with a wealth tax of 1.5%. to me the most important issue is to deal with the wealth inequality in this country which is it much more severe than the income inequality in this country. it's getting worse. it's been getting worse for the last 20 years. and the only countries in the world that have let's say more than $10 million people in them where it's cloe close to how bad it is in this country are all in africa and latin america. >> so we're not necessarily talking about someone who works really hard, an entrepreneur works really hard. you're talking about the people who initially are going to get, teresa heinz kerry, warren buffett, people who have massive amounts of money. they're hit the hardest, right? >> absolutely. the proposal i wrote had an exemption for households up to $500,000 in wealth that, is exempting 80% of american households right there. >> how did you draw that line? i can imagine there is all kinds of cheating that is going to happen around that line. or even on the bentley. people are go
it's with a wealth tax of 1.5%. to me the most important issue is to deal with the wealth inequality in this country which is it much more severe than the income inequality in this country. it's getting worse. it's been getting worse for the last 20 years. and the only countries in the world that have let's say more than $10 million people in them where it's cloe close to how bad it is in this country are all in africa and latin america. >> so we're not necessarily talking about someone...
185
185
Nov 23, 2012
11/12
by
MSNBCW
tv
eye 185
favorite 0
quote 0
not tax e rates. joining me now to talk about it from baltimore, maryland senator ben cardin, good afternoon. >> it's good to be with you, thank yo >> where do negotiations stand right now from your perspective? >> they are taking place at different leve.w that the presi speaker of the housend meeting. i could tell you as a member o the senate finance committee, we've had discussions democratic and republican members of the senate finance committee as to how we could be helpful. but u' hurdle isd revenue. and how we're going to be able to achieve enough revenue to ma work. >> let's talk about this soluti, mentioned in the new york times today, raing tax revenue by taxing wealthy americans, entire income at the current top rate. is tso both sides could agree to? >> i think it's going to be challenging quite frankly. the eni?pasiest way to get ther let the highest rates expire and no go back to the bush rates. if we start dealing with exemptions and can do that but normally we would talk conjunction
not tax e rates. joining me now to talk about it from baltimore, maryland senator ben cardin, good afternoon. >> it's good to be with you, thank yo >> where do negotiations stand right now from your perspective? >> they are taking place at different leve.w that the presi speaker of the housend meeting. i could tell you as a member o the senate finance committee, we've had discussions democratic and republican members of the senate finance committee as to how we could be...
108
108
Nov 29, 2012
11/12
by
FBC
tv
eye 108
favorite 0
quote 0
tax everybody at same rate and tax at lower rate. liz: sheila, the thesis of your idea, why you're on today, talk about forget congress and the president for a moment, congress wall street has to step up. special treatment they get has to stop. what is your idea of wall street and how it should get involved? >> that would be one big one. that is 90 billion a year i believe. there is another question whether we should subsidized excessive leverage at some of these financial institutions. right now the tax code actually gives financial institutions a financial incentive to fund themselves by borrowing a lot of money as opposed to funding themselves with shareholder equity. so some have suggested capping that. if you're levered over certain percentage or number of ratio, 12 to one i suggest, you don't get interest deduction. another way to do it which would be more expensive, equalize treatment of interest and dividends to deduct dividends. that might mate i can more palatable for some to stop treatment for income. but, i think those, t
tax everybody at same rate and tax at lower rate. liz: sheila, the thesis of your idea, why you're on today, talk about forget congress and the president for a moment, congress wall street has to step up. special treatment they get has to stop. what is your idea of wall street and how it should get involved? >> that would be one big one. that is 90 billion a year i believe. there is another question whether we should subsidized excessive leverage at some of these financial institutions....
176
176
Nov 21, 2012
11/12
by
MSNBCW
tv
eye 176
favorite 0
quote 0
if you get rid of a tax loophole, that's raising taxes. he sent a letter to tom cobuln and said you can't do that because when you eliminate a tax loophole that's eliminating taxes and tom coburn sent a letter back sending him to pound sand and we need -- and i think representative ellison knows this better than i do. there are good republicans out there. >> no doubt. >> who i believe are not going to take the lead of this delaying and ofiscating leadership. you can name some of the house i'm sure, keith. so we've got to be willing to move this country ahead and know that that means entitlement cuts, spending cuts, and increasing revenues. >> they are not only good republicans, they are good politicians because when you look at grover's losers, candidates who sign, there's no type of pledge. so many lost. 24 republicans for the senate, 55 republicans for the house to sign that pledge lost. it doesn't even make good political sense anymore. >> you know, reverend, can i just add, i think when you call on members of congress to do right by th
if you get rid of a tax loophole, that's raising taxes. he sent a letter to tom cobuln and said you can't do that because when you eliminate a tax loophole that's eliminating taxes and tom coburn sent a letter back sending him to pound sand and we need -- and i think representative ellison knows this better than i do. there are good republicans out there. >> no doubt. >> who i believe are not going to take the lead of this delaying and ofiscating leadership. you can name some of the...
200
200
Nov 28, 2012
11/12
by
CNBC
tv
eye 200
favorite 0
quote 0
we said to the voters we will keep taxes low and not increase taxes. how dare anyone else keep us to the promises that got us ele elected. that the moment these people are are primed. they are going to be reaganites. the moment that they are challenged. >> i can tell you this. not one drop of revenue should be put on the table until we have massive across the board spending reductions and entitlement reform. that is what is missing. the gop should stand up and say not one drop of revenue until you show me good faith with the spending reduction you all talk about except when it comes time to do something about it. and step b is that the small business community should say not one pens penny until i know you are not going to screw me. >> a quiz. well the answer is coming up next. it is the energy boom that is the brightest spot in our dull and amenemic economy. does the republican party have a front-runner for 2016 could be. don't forget. free market capitalism. we are about to prove it again in 2:00 when the kudlow report comes right back. [ male announ
we said to the voters we will keep taxes low and not increase taxes. how dare anyone else keep us to the promises that got us ele elected. that the moment these people are are primed. they are going to be reaganites. the moment that they are challenged. >> i can tell you this. not one drop of revenue should be put on the table until we have massive across the board spending reductions and entitlement reform. that is what is missing. the gop should stand up and say not one drop of revenue...
188
188
Nov 29, 2012
11/12
by
CNBC
tv
eye 188
favorite 0
quote 0
taxes will go higher. you're also talking about the possibility of a much slower economy. and how does that impact earnings in 2013? let's say hypothetically we go off the fiscal cliff because clearly both sides are digging in. here we are at the edge once again like last summer. we go off the fiscal cliff. 2013 comes. we go into recession. doesn't that hit corporate earnings, which, of course, has been the best part of this recovery anywhere? >> there's no question about that. i would contend that the market has probably already factored most of that in. when you can buy a number of stocks -- in the hodges small cap fund, we have a number of stocks trading below their growth rate. that's telling you that the market is not expecting good growth. when you can buy stocks that are growing at 20% a year at ten times earnings, that's a good valuation. there are a number of those situations there that we're seeing left and right. >> got to go, guys. >> okay. >> sorry, jeff. you know how that works. you guys on t
taxes will go higher. you're also talking about the possibility of a much slower economy. and how does that impact earnings in 2013? let's say hypothetically we go off the fiscal cliff because clearly both sides are digging in. here we are at the edge once again like last summer. we go off the fiscal cliff. 2013 comes. we go into recession. doesn't that hit corporate earnings, which, of course, has been the best part of this recovery anywhere? >> there's no question about that. i would...
161
161
Nov 27, 2012
11/12
by
MSNBCW
tv
eye 161
favorite 0
quote 0
they'll also be gone with the middle-class tax cuts. two years ago the republicans tried to hold the president hostage and said listen, if you don't give us the bush high-end tax cuts we're not giving you the middle-class tax cuts. the president ju jitsued that into a second stimulus. the president this time around has a little advantage. he can let all tax cuts expire on december 31st which is what democrats are advocating, first week in januariry when the congress comes back in, he can say, guys, we have 98% of the public i want to give tax cuts to right now, we can keep arguing about the top 2 but do this right now for the 98%. how come you're not with me on this? that's i think is a card for him to play heavy and gives him an advantage over the spending cuts and debt ceiling issues that will come up. >> justin, let's talk a little bit about the effects of a tax cut for high-income earners on the economy. there is this supposition, in fact i would call it bedrock republican philosophy economically speaking if you cut rates for top ea
they'll also be gone with the middle-class tax cuts. two years ago the republicans tried to hold the president hostage and said listen, if you don't give us the bush high-end tax cuts we're not giving you the middle-class tax cuts. the president ju jitsued that into a second stimulus. the president this time around has a little advantage. he can let all tax cuts expire on december 31st which is what democrats are advocating, first week in januariry when the congress comes back in, he can say,...
105
105
Nov 22, 2012
11/12
by
CNNW
tv
eye 105
favorite 0
quote 0
. >> you can increase the estate and gift tax with a wealth tax of 1.5%. it should be graduated and progressive. the most important issue is to deal with wealth inequality. which is much more severe. getting worse, getting worse for the last 20 years, and the only countries in the world that have more than 10 million people, close to how bad it is, in this country are all in africa and latin america. >> we're not necessarily talking about someone who works really hard, an entrepreneur that works hard, you are talking about the people initially -- teresa heinz kerry, warren buffett, that's who will be hit the hardest? >> absolutely. the proposal had an exemption of proposals with up to $500,000 in wealth. that exempts most households right there. >> how did you draw that line? even on the bentley, people will say it has dents and it's not worst much. how do you have that? >> we have a lot of cheating with income tax and with a wealth tax, i'm sure people would try to cheat on that as well. we might have to have high slightly higher rates. but fighting wealt
. >> you can increase the estate and gift tax with a wealth tax of 1.5%. it should be graduated and progressive. the most important issue is to deal with wealth inequality. which is much more severe. getting worse, getting worse for the last 20 years, and the only countries in the world that have more than 10 million people, close to how bad it is, in this country are all in africa and latin america. >> we're not necessarily talking about someone who works really hard, an...
374
374
Nov 26, 2012
11/12
by
MSNBCW
tv
eye 374
favorite 0
quote 0
grover norquist's tax pledge could be history. and all eyes are now focusing on house republicans as talks to avoid going over that so-called fiscal cliff are picking up steam. joining me now, mark halperin, senior political analyst for "time" and msnbc and ruth marcus, columnist and editorial writer for the "washington post." to you, mark, what is your read about what we've been hearing the last couple of days about grover norquist, the pledge and how much running room the speaker does have to b negotiating a deal. >> i did a spit take with my fruity pebbles watching "morning joe" because eric cantor's tone was unlike anything i've ever heard. his office is saying oh, no, he's against raising marginal rates, but it's clear that in the scheme of things, the biggest piece is does john boehner have enough running room to strike a deal involving some new revenue. i still am of the belief that the vote in the house, which will be a cliff hanger no matter what happens amongst the leaders in the white house, it will be a tough vote. i t
grover norquist's tax pledge could be history. and all eyes are now focusing on house republicans as talks to avoid going over that so-called fiscal cliff are picking up steam. joining me now, mark halperin, senior political analyst for "time" and msnbc and ruth marcus, columnist and editorial writer for the "washington post." to you, mark, what is your read about what we've been hearing the last couple of days about grover norquist, the pledge and how much running room the...
157
157
Nov 27, 2012
11/12
by
MSNBCW
tv
eye 157
favorite 0
quote 0
america who can afford to do so to pay a little more in taxes. but when you start talking about some kind of grand bargain where you're cutting medicare and medicaid, we're talking about people's lives and health care. this is part of the reason why the president doesn't want social security to be part of it. why folk on the left are still angry that something like medicare or medicaid are sort of used as false equivalencies with tax increases. we have to think about people's real lives and health care really addresses those issues versus wealthy folk paying a little more. >> david, if that's the case, if professor peterson is right, why then did the president when he was in the process of negotiating a grand bargain with speaker boehner, agree to suggest or even imply that, for example, the age of qualification for certain of these entitlements would go up? >> the president has decided that the way to deal with this overall, i'm not saying this is right or wrong, is that we have divided government which means we're going to try to take care of t
america who can afford to do so to pay a little more in taxes. but when you start talking about some kind of grand bargain where you're cutting medicare and medicaid, we're talking about people's lives and health care. this is part of the reason why the president doesn't want social security to be part of it. why folk on the left are still angry that something like medicare or medicaid are sort of used as false equivalencies with tax increases. we have to think about people's real lives and...
195
195
Nov 28, 2012
11/12
by
MSNBCW
tv
eye 195
favorite 0
quote 0
during the clinton administration, tax -- top tax rate was 39.6% and the economy took off. let's do that again. >> as we hear earlier mitt romney will be at the white house tomorrow. he obviously doesn't need to worry about my2k because his is worth more than $100 million. what's the understanding of this meeting? we understand paul ryan will be there as well. >> i think the president wants to strike a bipartisan note. romney no longer has to mullify the right wing of his paerd. he doesn't have strong feelings about much of anything at all. is it possible he could come out and bless what these business executives have been calling for, which is the president's balanced approach? anything's possible with mitt romney. and i think it very much makes sense for the president to extend an olive branch. you can say that -- >> but i thought mitt romney was -- hang on a second. i thought mitt romney was the one who proposed and espoused the notion of closing loopholes as the only way -- >> we know he's a flip-flopper. we don't have to -- >> that's true. >> he actually does -- it's e
during the clinton administration, tax -- top tax rate was 39.6% and the economy took off. let's do that again. >> as we hear earlier mitt romney will be at the white house tomorrow. he obviously doesn't need to worry about my2k because his is worth more than $100 million. what's the understanding of this meeting? we understand paul ryan will be there as well. >> i think the president wants to strike a bipartisan note. romney no longer has to mullify the right wing of his paerd. he...
147
147
Nov 28, 2012
11/12
by
FOXNEWSW
tv
eye 147
favorite 0
quote 0
they are the low-tax party. the other guys want to tax. to match reckless spending. i understand why democrats are doing this. they manual that the republicans have no bargaining power today. i say it's true if republicans resist, they will take the blame. that will help the democrats in the congress. but obama is never running again. he doesn't care who gets the blame. he is going to be the president. she a lame duck. he wants the term. if it starts by going over the cliff it starts with a second recession. 2 million unemployed and wrecked second term. that is the leverage that republicans have over obama. it's utterly unacceptable. >> bret: to kirsten's point, some republicans are talking about raising the age of medicare, means testing. put a lot of ideas out there. nothing on paper. they are not hammering it out, it doesn't seem, behind closed doors unless we don't know it's going on, steve. >> no, it's not. >> bret: let me play this thing, this sound bite. yesterday we put in a piece. i want to play more of it. this is a question and answer by senator reid about
they are the low-tax party. the other guys want to tax. to match reckless spending. i understand why democrats are doing this. they manual that the republicans have no bargaining power today. i say it's true if republicans resist, they will take the blame. that will help the democrats in the congress. but obama is never running again. he doesn't care who gets the blame. he is going to be the president. she a lame duck. he wants the term. if it starts by going over the cliff it starts with a...
109
109
Nov 28, 2012
11/12
by
FBC
tv
eye 109
favorite 0
quote 0
why tax device manufacturers as if they are taxing alcohol or cigarettes. that is what it is and excise tax on sales. ge healthcare, santa fe, the tax rate that these guys face, pacemakers, devices for brain surgery, prosthetics for returning soldiers, get this, 80%. state, local, federal. [talking over each other] dennis: that is one of the few major manufacturing hedges we have for medical equipment. r and d getting outsourced to other countries right now. cheryl: what you think this will do to the industry overall? let's not make this stuff in the united states, let's maybe go to israel. israel has a very strong and nicole industry. they may actually move ahead of the united states. >> these letter writers are saying, look, we are already pulling back on our end the year in the united states. nationally, that would affect job growth here. cheryl: you have stocks now, of course, every 15 minutes. nicole: we are setting new session highs. take a look at the dow jones industrials. we are up about 15 points right now. american express turning into the green
why tax device manufacturers as if they are taxing alcohol or cigarettes. that is what it is and excise tax on sales. ge healthcare, santa fe, the tax rate that these guys face, pacemakers, devices for brain surgery, prosthetics for returning soldiers, get this, 80%. state, local, federal. [talking over each other] dennis: that is one of the few major manufacturing hedges we have for medical equipment. r and d getting outsourced to other countries right now. cheryl: what you think this will do...
232
232
Nov 22, 2012
11/12
by
MSNBCW
tv
eye 232
favorite 0
quote 1
these are people who pay no income tax, 47% of americans pay no income tax. so my job is not to worry about those people. >> mitt romney's famous comments on the 47% raise two questions. how can he say that? how can he say a single mom working two yobs and taking advantage of the child tax credit and a senior that worked all of his life and enjoying the years of his life that he paid into how can he say they refuse to take responsibility for their lives? the other question was what the hell did he mean? romney said the 47% likely to vote for obama were the same 47% who didn't pay federal income taxes and are the same 47% who are dependent on government? that's not even a little bit true, not a little. a lot of the folks who don't pay federal income taxes are seniors, the most republican leaning age group in the country and there is no 47% in the country that refuses to take responsibility for their lives. they just don't exist. romney wasn't all wrong. the number 47% really did hold the key to this election. it was not the number of people who vote for obama.
these are people who pay no income tax, 47% of americans pay no income tax. so my job is not to worry about those people. >> mitt romney's famous comments on the 47% raise two questions. how can he say that? how can he say a single mom working two yobs and taking advantage of the child tax credit and a senior that worked all of his life and enjoying the years of his life that he paid into how can he say they refuse to take responsibility for their lives? the other question was what the...
98
98
Nov 29, 2012
11/12
by
MSNBCW
tv
eye 98
favorite 0
quote 0
on the middle class, tax the rich more. there were even calls in that room for higher minimum wages. clearly, no one wants to cut out the safety net that working people are promised for their lives of diligence, using their brains and brawn to build our country. >> mr. prince, republicans claim that the president's plan is bad for small business. why do you think they are wrong? >> let me tell you. the president's plans so far have helped my business. from 2008 to 2011, things were very flat. sales were flat or even down. as the stimulus started to kick in, we started seeing month to month, every month sense late 2010, our sales go up. it is consumers having more can have dense, having more money. obama care was huge. i provide health insurance for all my employees. the aca is underwriting small businesses doing that helped me absorb a huge increase because i have a couple of folks who work for me who are going through some illness problems. >> lee saunders, your members of afscme, will be financially hurt if we go over the
on the middle class, tax the rich more. there were even calls in that room for higher minimum wages. clearly, no one wants to cut out the safety net that working people are promised for their lives of diligence, using their brains and brawn to build our country. >> mr. prince, republicans claim that the president's plan is bad for small business. why do you think they are wrong? >> let me tell you. the president's plans so far have helped my business. from 2008 to 2011, things were...
74
74
Nov 23, 2012
11/12
by
FBC
tv
eye 74
favorite 0
quote 0
they forget a word in tax me, tax just me. if you want to be taxed because you're a millionaire, leave everybody else alone. >> treasury.gov are happy to take your money. you don't have to pass a law. do it now. david: if you're upset about this, cut a check to the government. they never do. not even the billionaires. you don't at all. of course,
they forget a word in tax me, tax just me. if you want to be taxed because you're a millionaire, leave everybody else alone. >> treasury.gov are happy to take your money. you don't have to pass a law. do it now. david: if you're upset about this, cut a check to the government. they never do. not even the billionaires. you don't at all. of course,
129
129
Nov 29, 2012
11/12
by
CNNW
tv
eye 129
favorite 0
quote 0
we cannot tax our way back to budget surpluses and economic prosperity. without major spending cuts and entitlement reform, we will continue running huge deficits regardless of what we do on the revenue side. for every dollar of revenue you give him, he'll give you $2.50 of spending cuts. if he gave you that on spending cuts, it would be $850 billon a year would you do that? >> the president has said a lot of things, but what counts is what he's willing to put on the table and so far, he hasn't put medicare and social security, saving and preserving those entitlement programs on the table. i believe they have to be, because if we're going to preserve those for future generations, we need to do something meaningful on those. the problem is, erin, if we just do cuts in temporary spending, those can easily be undone. we know there's been a lot of promises made in exchange for tax increases and it never comes to pass when it comes to spending cuts. >> there was a "washington post" poll which said raise taxes on incomes over $250,000 a year, 60% support it. wh
we cannot tax our way back to budget surpluses and economic prosperity. without major spending cuts and entitlement reform, we will continue running huge deficits regardless of what we do on the revenue side. for every dollar of revenue you give him, he'll give you $2.50 of spending cuts. if he gave you that on spending cuts, it would be $850 billon a year would you do that? >> the president has said a lot of things, but what counts is what he's willing to put on the table and so far, he...
188
188
Nov 27, 2012
11/12
by
CNBC
tv
eye 188
favorite 0
quote 1
the first is taxes. the winner could choose between a lump sum of $327 million or the annual payments. they should take the lump sum and pay the $114 million in taxes before december 31st f they wait until january 1st and we go off the cliff, those taxes go up to $130 million, you save $16 million paying now the winner should make a gift, 'tis the season, cities also the tax regime. couples can now give up to $10 million tax free, next year, that money changed to only $1 m the tax rate on that goes up. should do it now most important advice, cool off. sudden wealth can ruin your life, expose to you all kinds of scams and lead to overindulgence. people say you should put the check in the bank and ignore it for three to six moment. use that time to get your financial bearings and create a real plan. the plan is critical. you should start by hiring a financial adviser, figure out your spending goals, $327 million sounds like a lot but you buy a yacht and a g 550 plane, pretty soon you are done. one of an in
the first is taxes. the winner could choose between a lump sum of $327 million or the annual payments. they should take the lump sum and pay the $114 million in taxes before december 31st f they wait until january 1st and we go off the cliff, those taxes go up to $130 million, you save $16 million paying now the winner should make a gift, 'tis the season, cities also the tax regime. couples can now give up to $10 million tax free, next year, that money changed to only $1 m the tax rate on that...
131
131
Nov 22, 2012
11/12
by
CNNW
tv
eye 131
favorite 0
quote 0
tax the rich? no, tax the wealthy. wealth is something you build over time. shows itself in the forms of superexpensive assets. mansions, boats, expensive wine. 41 days from the fiscal cliff and bitter partisan deadlock, we want to test drive another idea, where the wealthy would pay more, but tax rates on people who work might not go up. is this the buff rhett rule really should have been? we have david altman, and daniel, great to see you. what is amazing to me, reading your proposal here, that would tax the wealthy as opposed to the rich, it's against the constitution right now to tax wealth in this country. >> that's right. can't have a direct tax like that. we needed a constitutional amendment to get the income tax back, so we need another amendment. it's 100 years later, let's update for the 21st century. >> i want to change the voting day. i'm all for it. let's break down your math. if we taxed wealth, where people accumulate over time. 2010, 58 trillion dollars. if you put 1.5% tax, $870 billion. that's a lot of money. more than we got on income tax t
tax the rich? no, tax the wealthy. wealth is something you build over time. shows itself in the forms of superexpensive assets. mansions, boats, expensive wine. 41 days from the fiscal cliff and bitter partisan deadlock, we want to test drive another idea, where the wealthy would pay more, but tax rates on people who work might not go up. is this the buff rhett rule really should have been? we have david altman, and daniel, great to see you. what is amazing to me, reading your proposal here,...
209
209
Nov 28, 2012
11/12
by
MSNBCW
tv
eye 209
favorite 0
quote 0
so if all of the tax ruts from the bush era went away, they'd be voting on a middle class tax for everybody, $250,000 and less. that's something that boehner could get substantial votes for. even as crazy and inlogical as it sounds, it's crazy if a guy from oklahoma, not even in a swing state, if he's saying it's over, it's over. boehner just can't admit it. >> now, there is also a talk about fill bu abo about filibustering but hair said something. let me read the comment from dan five officer. the president has said that hasn't changed in the president's supports majority leader reid's efforts to reform the filibuster process. it's pretty heavy. >> it is. it depends on who is in control of senate and the congress as far as how far a debate goes. i think it's interesting that there have been interesting research projects done, especially when they say it's the worst that it's ever been. when it comes to delaying tactics in the senate, it is the worst it's ever been. the fill bust sister filibuster is used more often that ever. it would be nice if something was done about that, if congress w
so if all of the tax ruts from the bush era went away, they'd be voting on a middle class tax for everybody, $250,000 and less. that's something that boehner could get substantial votes for. even as crazy and inlogical as it sounds, it's crazy if a guy from oklahoma, not even in a swing state, if he's saying it's over, it's over. boehner just can't admit it. >> now, there is also a talk about fill bu abo about filibustering but hair said something. let me read the comment from dan five...
217
217
Nov 29, 2012
11/12
by
CNNW
tv
eye 217
favorite 0
quote 0
setting up a process for entitlement reform next year, and tax reform next year. but this was way out of balance. and not a recognition on the part of the white house about the serious spending problem that we have. [ inaudible question ] going over the fiscal cliff, you called serious business, extending the lower tax rates -- [ inaudible question ] >> i'm going to do everything i can to avoid putting the american economy, the american people through the fiasco of going over the fiscal cliff. >> which is worse for the economy? [ inaudible question ] could you include a debt limit that is in the overall package? >> as i told the president a couple weeks ago, there's a lot of things i've wanted in my life, but almost all of them had a price tag attached to them. and if we're going to talk about the debt limit in this, then we're -- there's going to be some price tag associated with it. >> last question. >> are you standing by your dollar for dollar -- the increase in the debt limit for cuts? >> are i continue to believe that any increase in the debt limit has to be
setting up a process for entitlement reform next year, and tax reform next year. but this was way out of balance. and not a recognition on the part of the white house about the serious spending problem that we have. [ inaudible question ] going over the fiscal cliff, you called serious business, extending the lower tax rates -- [ inaudible question ] >> i'm going to do everything i can to avoid putting the american economy, the american people through the fiasco of going over the fiscal...
127
127
Nov 29, 2012
11/12
by
CNNW
tv
eye 127
favorite 0
quote 0
to give a balanced plan, republicans have to cut taxes. >> he said i put revenue on the table. but he wouldn't talk about the rates. >> also when asked about these specific entitlement reforms, he didn't talk about those either. we need to see some substance behind that. >> did you hear level ground where that can be forged? i don't know the difference between talking about stuff and putting it on the table. it seems like senator cornyn sees some difference there. i don't really get it. the hole is not as big as he says it is. we're not going into the hole with a trillion dollar deficit every year, because we're going to grow every year and collect more revenue. and we also see some of these stimulus programs narrowing down a little bit so the hole's not that big and there seems to be more common ground that the senator admits. >> we hope you're right. >> in previous negotiations, it's been put forward but everyone's got to push forward. >> it's easy to race taxes on one group, at of people agree with that, but the bottom line is those entitlement cuts are going to be a lot mor
to give a balanced plan, republicans have to cut taxes. >> he said i put revenue on the table. but he wouldn't talk about the rates. >> also when asked about these specific entitlement reforms, he didn't talk about those either. we need to see some substance behind that. >> did you hear level ground where that can be forged? i don't know the difference between talking about stuff and putting it on the table. it seems like senator cornyn sees some difference there. i don't...
169
169
Nov 29, 2012
11/12
by
MSNBCW
tv
eye 169
favorite 0
quote 0
it's not like folks who make more than 250 aren't getting a tax break, they've getting a tax break on the first 250, just like everybody else. >> congressman cole first said this in a closed door meeting with republicans yesterday. he said basically exactly what president obama just said and he then expanded on his comments instead of denying them or refusing to comment at all, which he could have done. house speaker john boehner, who needs other loyal republicans to start talking sense to crazy tea par party, he was outraged by his suggestion. >> you're not going to grow the economy if you raise tax rates on the top two rates. we're willing to put revenue on the table as long as we're not raising rates. >> but that didn't stop congressman cole from going on hardball today continuing to sell the idea of making peace with the president for the sake of 98% of american taxpayers. >> if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, i think that is a point we should agree op. >> tom cole also made it clear he is still a b
it's not like folks who make more than 250 aren't getting a tax break, they've getting a tax break on the first 250, just like everybody else. >> congressman cole first said this in a closed door meeting with republicans yesterday. he said basically exactly what president obama just said and he then expanded on his comments instead of denying them or refusing to comment at all, which he could have done. house speaker john boehner, who needs other loyal republicans to start talking sense...
150
150
Nov 29, 2012
11/12
by
MSNBCW
tv
eye 150
favorite 0
quote 0
here in missouri, the state will take about 4% in taxes. in arizona, about 5% this taxes. plus there's the federal taxes that are all involved. but really at the end of the day, who is complaining. when you have so many millions of dollars as a winner, giving the government some of it is no big deal because there's no way one person or even a group people could ever spend this much money in a lifetime. >> kerry reporting from columbia. we'll let you get back on the record to dearborn. >> we'll go find the winner and see what he tells us he'll do with the money. >> maybe he can buy you lunch and replace the $2 that you just threw away. >> that was my lunch money yesterday. i'm hitting you up. >> i'll get you lunch no problem. thank you, sir. >>> so i want you to look at this picture because you are now meeting the republican committee chair men. emphasis on men. made wliselissa harris perry so off on whether gop learned anything from the election. and now to john boehner. >> -- sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at
here in missouri, the state will take about 4% in taxes. in arizona, about 5% this taxes. plus there's the federal taxes that are all involved. but really at the end of the day, who is complaining. when you have so many millions of dollars as a winner, giving the government some of it is no big deal because there's no way one person or even a group people could ever spend this much money in a lifetime. >> kerry reporting from columbia. we'll let you get back on the record to dearborn....
132
132
Nov 21, 2012
11/12
by
MSNBCW
tv
eye 132
favorite 0
quote 0
january 1 comes and basically back before the bush tax cuts. and then everything becomes a negotiation of what then becomes added to a tax cut, not removed from a baseline. that may be politically very viable. >> gentlemen, thank you. martin, thank you. >> thank you. >> keith, zachary, happy holidays to all three of you. you're right in front of me. breaking news to pass on right in front of me about congressman jesse jackson jr. resigning from congress. house speaker boehner's office confirming they have received jackson's resignation letter. more details on this after the break but again, congressman jackson jr. is resigning after just winning re-election there in his illinois district. we are back with much more after this. >>> it's time for the "your business" entrepreneur of the week. christine wants you to shop small. the onner of wonder works believes in cooperation instead of competition. she has a section dedicated to locally made products to make sure that her customers dollars stay local. for more watch sunday mornings at 7:30 on msn
january 1 comes and basically back before the bush tax cuts. and then everything becomes a negotiation of what then becomes added to a tax cut, not removed from a baseline. that may be politically very viable. >> gentlemen, thank you. martin, thank you. >> thank you. >> keith, zachary, happy holidays to all three of you. you're right in front of me. breaking news to pass on right in front of me about congressman jesse jackson jr. resigning from congress. house speaker...
69
69
Nov 28, 2012
11/12
by
CSPAN2
tv
eye 69
favorite 0
quote 0
is the prime minister guilty of tax of points for tax evasion? >> $900 million into specific majors of tax avoidance. all these schemes grew up under years of labour government. they never did a general tax avoidance. they presided over a system where people in the city were paying less taxes than their cleaners and the government has sorted out. >> not to be remembered as the prime minister introduced regulation of the press, an essential part of a free democracy. would you agree with me that regulation derives -- you are pregnant or not pregnant. you either have state regulation or you don't. there is no alternative third way. >> i would agree with my hon. friend. is it a free press? absolutely vital for free democracy? we should recognize all the press has done and should continue to do to uncover wrongdoing, stand up to the powerful. whatever changes we make we want a robust and free press in our country. >> research by the charity save the children, reveals shockingly that in our country when seven children does not have a warm coat this win
is the prime minister guilty of tax of points for tax evasion? >> $900 million into specific majors of tax avoidance. all these schemes grew up under years of labour government. they never did a general tax avoidance. they presided over a system where people in the city were paying less taxes than their cleaners and the government has sorted out. >> not to be remembered as the prime minister introduced regulation of the press, an essential part of a free democracy. would you agree...
281
281
Nov 21, 2012
11/12
by
MSNBCW
tv
eye 281
favorite 0
quote 0
if you think about incentives for investment in new technologies, the tax credit, tax credit for solar and wind power. some of that is actually helpful. >> you're being far too reasonable. far too reasonable. >> now, some -- wait a second. let me get -- i don't know if it's unreasonable but let me tell you what i was about to say. if you think about oil and gas subsidie subsidies, if you think about all the profits, and this is the big money stuff that are deferred, held overseas, if you think about the ability of private equity funds to deduct interest payments on their debt finance deals, all of that is corporate welfare. so you know, there's balance here to be seen. >> now, joy, i mean, you know -- i told joy earlier, speaker boehner is tripping. he writes that the tactics are -- >> i agree. >> -- repeal efforts have to change. are you kidding me? three times they've been defeated on this. what has to change is their attitude on this. >> oh, is john boehner going to be pissed when he finds out mitt romney lost the election. if they let him out of that time machine, he might be somet
if you think about incentives for investment in new technologies, the tax credit, tax credit for solar and wind power. some of that is actually helpful. >> you're being far too reasonable. far too reasonable. >> now, some -- wait a second. let me get -- i don't know if it's unreasonable but let me tell you what i was about to say. if you think about oil and gas subsidie subsidies, if you think about all the profits, and this is the big money stuff that are deferred, held overseas,...
128
128
Nov 29, 2012
11/12
by
MSNBCW
tv
eye 128
favorite 0
quote 0
the federal tax rate is currently 25%. so it will be $380 million the government gets $95 million off the top. and the winning states not too shabby either. arizona takes 5% at 9$9.5 millin and missouri stakes $7.6 millio. in the end, the two winning ticket holders end up with 25% of that original jackpot. >>> mitt romney is heading to the white house today, just not in the capacity that he hoped for three weeks ago. this afternoon he'll sit down for a private lunch with president obama. it will be the first encounter since the final presidential debate in october. the meeting fulfills an election night promise by the president to work with romney going forward. that doesn't mean the former massachusetts governor will become a regular. >> is governor romney here tomorrow in some kind of cabinet level position? >> no. >> beyond that, is there some kind of reorganization in the commerce department where governor romney could play a role? >> again, there is -- the president doesn't have a specific assignment in mind for the g
the federal tax rate is currently 25%. so it will be $380 million the government gets $95 million off the top. and the winning states not too shabby either. arizona takes 5% at 9$9.5 millin and missouri stakes $7.6 millio. in the end, the two winning ticket holders end up with 25% of that original jackpot. >>> mitt romney is heading to the white house today, just not in the capacity that he hoped for three weeks ago. this afternoon he'll sit down for a private lunch with president...
36
36
tv
eye 36
favorite 0
quote 0
cuts expire everybody's taxes will go up including taxes on the rich and the very rich which means that have democrats proposed cutting taxes on the working class people while ignoring the new rates for the rich republicans can sign on and . vote for the legislation without violating their blood oath the multi-millionaire k. street lobbyists grover norquist all that goes nowhere as fast as it should which would be to roll back the reagan tax cuts it's a start moving america in a more egalitarian direction second most of the cuts to the pentagon budget are good things pentagon has lost over two trillion dollars that they can't account for it's a good guess you'll find a lot of it twenty bedroom mansion zone by defense contractors and lobbyist they're wearing this city washington d.c. and this nation needs a healthy and robust debate on our role as empire as president obama said during the campaign it's time to do some nation building right here at home and third by breaking out the social spending cuts that require public in particular the house of representatives to go on record on thei
cuts expire everybody's taxes will go up including taxes on the rich and the very rich which means that have democrats proposed cutting taxes on the working class people while ignoring the new rates for the rich republicans can sign on and . vote for the legislation without violating their blood oath the multi-millionaire k. street lobbyists grover norquist all that goes nowhere as fast as it should which would be to roll back the reagan tax cuts it's a start moving america in a more...
125
125
Nov 23, 2012
11/12
by
CSPAN
tv
eye 125
favorite 0
quote 0
leaving tax rates as is. those with the not to raise to the -- the tax rate could say they did not and the democrats could say they've raised the effective tax rate on the wealthy. guest: i want to close tax loopholes as a way of generating revenue without increasing rates. host: michael from oil income independent caller. you for taking me. first, i would like to say two things. i have watched c-span for years. president obama does not have to do anything. he just needs to sit back and let sequestration take place, let the bush tax cuts expire peering everything worked rate during the bill clinton years -- for eight years we have prosperity, a couple of balanced budgets and the military was a lot smaller, everybody was happy, there were buying tvs and cars and refrigerators. i think president obama -- he holds all four aces in his hand and led it happened -- let it happen. why does that c-span and all the other tv stations -- but i am talking c-span now, why -- president obama has not even been january 20 is
leaving tax rates as is. those with the not to raise to the -- the tax rate could say they did not and the democrats could say they've raised the effective tax rate on the wealthy. guest: i want to close tax loopholes as a way of generating revenue without increasing rates. host: michael from oil income independent caller. you for taking me. first, i would like to say two things. i have watched c-span for years. president obama does not have to do anything. he just needs to sit back and let...